Bicycle Casino Big Poker Oktober

Posted on  by 

Day 2 of the 2018 Card Player Poker Tour Big Poker Oktober main event at the Bicycle Hotel & Casino officially drew 46 Quantum entries, bringing the final total to 524 when combined with the 478 runners who bought into the three day 1 starting flights.

  1. Oct 03, 2015  The Bicycle Hotel & Casino in Bell Gardens, California, is currently hosting its annual fall tournament, the Big Poker Oktober in conjunction with the Card Player Poker.
  2. Oct 31, 2019  The Bicycle Casino is hosting the Card Player Poker Tour/Big Poker Oktober series featuring 17 events and is highlighted by the $1,100 buy-in, $500K guaranteed CPPT Main Event running October 17-21. Live Tournament Clocks.

Poker Tournament Information Major Tournaments. Australasian Poker Championships, Crown Casino, Melbourne Poker Derby, Hollywood Park Casino, Inglewood, CA. Big Poker Oktober, The Bicycle Casino, Bell Gardens, CA Thunder by the Bay, Casino San Pablo, San Pablo, CA World Poker Finals, Foxwoods, Foxwoods Resort Casino, Ledyard, CT.

The strong turnout blew away the $500,000 guarantee for this event to build a final prize pool of $642,140, with the winner slated to earn $156,350. A total of 72 players made the money, pocketing at least $1,905 for their efforts, but the goal for the day was to advance to Sunday’s finale.

Bicycle Casino Big Poker Oktober

Leading the way into day 3 is Said El Harrak, who was also the day 1B overall chip leader. He bagged up 2,320,000, which was one chip more than Brandon Zuidema and his 2,315,000.

Other poker pros still in contention include WSOP bracelet winner Jim Collopy, WPT Bay 101 Shooting Star runner-up Adam Geyer, and WPT Legends of Poker winner Jordan Cristos.

Duey Duong, who has finished third in this event in 2015 and fifth in 2017, is also in the hunt. Three of Duong’s five biggest scores have come at the Big Poker Oktober series, including a $252,425 win back in 2011.

Notable players who made the money, but fell short of advancing included Sean Yu (72nd), Amnon Filippi (68th), Joseph Serock (63rd), Mike Shariati (60th), Benjamin Moon (58th), Tony Ma (57th), Chris Bolek (52nd), Phong “Turbo” Nguyen (51st), Bruce Buffer (48th), Goswin Siemsen (45th), Anthony Spinella (32nd), Mohsin Charania (29th), and Jesse Yaginuma (27th).

The final day’s action begins at 2 p.m. PT. Card Player will continue to provide live updates from the tournament, with streaming coverage from the final table provided by Live At The Bike!

Here is a look at the overnight chip counts.

RankPlayerChip Count
1 Said El Harrak 2,320,000
2 Brandon Zuidema 2,315,000
3 Harvey Alegado 1,900,000
4 Eric Jeffries 1,620,000
5 Beau Winn 1,610,000
6 Michael Wasserman 1,415,000
7 Mike Eskandari 1,365,000
8 Derek Kwan 1,360,000
9 Steve Jun 1,265,000
10 Duey Duong 1,130,000
11 Jim Collopy 940,000
12 Adam Geyer 870,000
13 Joldis Cosmin 790,000
14 Ruslan Evloev 765,000
15 Jordan Cristos 490,000
16 Jarod Einsohn 455,000
Related Articles
(Redirected from Bicycle Casino)
The Bicycle Hotel & Casino
Address 888 Bicycle Casino Drive
Bell Gardens, California 90201
Opening dateNovember 30, 1984
Casino typeLand
Previous namesThe Bicycle Casino
Renovated in2015 (Hotel Addition)
Websitewww.thebike.com

The Bicycle Hotel & Casino is a pokercardroom in California.[1]

Founded by George Hardie Sr. in 1984, located in Bell Gardens, California, The Bicycle Casino offers a selection of poker games and Asian games, with a wide range of limits. The casino features games including: Blackjack, Texas Hold 'Em, Seven Card Stud, Omaha hold 'em, Mexican Poker, Pai Gow Poker, Three Card Poker and Baccarat (card game).

Financing to build the original Bicycle Club casino was provided by Sam Gilbert, who allegedly used money partially obtained from laundering drug money.[2] The casino is home to the Legends of Poker, a tournament series established in 1995 that now includes a stop on the World Poker Tour. Prior to the Legends, the casino's main tournament series was called the Diamond Jim Brady.[3]

Seizure and indictment[edit]

In 1987, Sam Gilbert was the subject of a federal investigation into money laundering and racketeering charges. According to the investigation, a scheme to launder the money received from smuggling marijuana was put together to finance the construction of the Bicycle Casino in Bell Gardens, California.[2][4] According to one criminal complaint,

'[Sam Gilbert] a wealthy Los Angeles businessman, was the first Gilbert to establish ties with the Kramer family when he befriended Benjamin Kramer's father, Jack Kramer, in 1978. At that time, Jack Kramer and Sam Gilbert came up with the idea of building a legal card club for the purposes of laundering Benjamin Kramer's dirty money. By 1983, Sam Gilbert was in contact with David Pierson, who was himself thinking of building a card club and was looking for legitimate investors. Pierson gave Sam Gilbert a prospectus, Sam liked what he saw, and Sam agreed to arrange the financing for the project in return for a sixty percent share of Pierson's ownership interest in the Club.'[5]

Gilbert was indicted in Miami 4 days after his death.[6] His son Michael also was indicted.

The U.S. Government seized the casino in April, 1990, after a jury found that $12 million of the $22 million used in its construction came from Florida drug smugglers.[7] The club's profits were frozen and placed in a special U.S. marshal account until the court held civil hearing to determine which partners knew that the club was built with drug money.

George Hardie and The Park Place Associates ownership were exonerated in 1990, and they regained their 35% stake.[8]

In July 1991 a Florida federal judge ruled that at least one of the partners, former Los Angeles Westside banker M. Dale Lyon, knew about the club's financing. Eight other partners in the LCP Associates, the partnership named for Lyon, Coyne and Pierson, agreed to forfeit portions of their interest in the club before the civil hearing began. LCP partners Julianne Coyne and former California Assemblyman David C. Pierson settled before the civil hearing. In 1991, they agreed to give up about half of their interest in LCP, which had a 65% stake in the casino.[7]

By the time it sold its share of the casino in 1996, the US government had made tens of millions of dollars in profit from its share of the casino. As a partner in the club, the government also contributed to political campaigns to defeat the proposal to build a rival card club in Orange County.[9]

2017 raid[edit]

The casino was again raided by federal authorities citing money laundering as a part of an ongoing investigation into some players using the casino to exchange “dirty money” for chips, then turn cashing those in for “clean money.”[10]

Live at the Bike[edit]

The Bicycle Hotel & Casino was the first brick and mortar casino to broadcast live poker games over the Internet in a program known as Live at the Bike.[citation needed] It ran five nights a week, and was accessible via the casino's website. The show sometimes featured guest commentary from professional players like Barry Greenstein and Kenna James.

Live at the Bike became a subscription service in mid-2006. The live broadcast was canceled in March 2007, but returned in January 2011 on PokerNetcast.com.[citation needed]

Expansion[edit]

The Bicycle Hotel & Casino underwent a major hotel expansion in the Fall of 2015. The new seven-story, 117,907 square-foot complex now includes live entertainment, gaming, cocktail lounge, brewery, fitness center, sundeck with an outdoor bar, and a number of places to dine.[11]

In popular media[edit]

The Bicycle Casino was featured in an episode of the TV series Numb3rs dealing with the murder of a successful card-counter, who coincidentally was also heavily into bicycle home repair.[12]

Big Poker Oktober 2019 Bicycle Casino

See also[edit]

References[edit]

  1. ^'The Bicycle Hotel & Casino'.
  2. ^ abGLENN F. BUNTING and TINA GRIEGO - Miami Trial Gives Startling New Portrait of Sam Gilbert. Los Angeles Times, April 23, 1990
  3. ^'Bicycle Casino Review - The Bike'.
  4. ^GLENN F. BUNTING. Investors Face High-Stakes Battle for Casino Profits. Los Angeles Times, May 29, 1990
  5. ^44 F3d 888 United States of America v. Michael Gilbert244 F.3d 888 (11th Cir. 2001)
  6. ^WILLIAM OVEREND and WILLIAM NOTTINGHAM - Sports Figure Is Indicted--4 Days After Death. Los Angeles Times, November 26, 1987
  7. ^ abGriego, Tina. Forfeiture Laws Give U.S. a Piece of a Casino : Narcotics: Government now owns about 30% of Bicycle Club in Bell Gardens, which was built to a large extent with smuggled drug money. Los Angeles Times, August 22, 1990
  8. ^Griego, Tina. Court Clears Casino Manager and Partners : George G. Hardie and his financial partners will regain ownership rights to the profitable Bicycle Club in Bell Gardens. Los Angeles Times, October 04, 1990
  9. ^U.S. to Sell Share of Bicycle Casino for $25 Million
  10. ^KTLA.com: Bicycle Hotel and Casino in Bell Gardens Raided by Federal Authorities
  11. ^'Archived copy'. Archived from the original on 2015-02-24. Retrieved 2015-03-05.CS1 maint: archived copy as title (link)
  12. ^'Double Down'. 13 January 2006 – via IMDb.

The Bicycle Casino Poker Tournaments

External links[edit]

Coordinates: 33°57′59″N118°09′58″W / 33.966312°N 118.166148°W

Bicycle Casino Poker

Retrieved from 'https://en.wikipedia.org/w/index.php?title=The_Bicycle_Hotel_%26_Casino&oldid=921351221'

Coments are closed